The Trade Plan Card: Entry, Stop-Loss and Targets on Every Stock

Scroll any stock page and you'll find a Trade Plan card with entry, stop-loss, two targets, support and resistance. This exists because the most common (and expensive) retail mistake is buying with no exit plan. Here's the math, in full.

The five numbers

• Entry (CMP) — simply the current market price.
• Stop-loss — the 20-day low (real chart support), but never risking more than 2.5× the stock's ATR. ATR — Average True Range — is how much the stock moves on a typical day; a stop inside that range would get hit by ordinary wiggles, not real weakness.
• Target 1 (1.5R) — entry plus 1.5× your risk. A sensible partial-booking level.
• Target 2 (3R) — entry plus 3× your risk, for the portion you let run.
• Support / Resistance — the 20-day low and 52-week high, the levels the plan is anchored to.

"R" is your risk per share (entry minus stop). Thinking in R keeps every trade comparable: a 3R winner pays for three 1R losers.

What the plan is — and isn't

It IS a discipline framework: before you buy, you know exactly where you're wrong (stop) and what you're playing for (targets). It is NOT a prediction that price will reach the targets — nobody knows that, and anyone claiming to is selling something.

Position sizing: the missing piece only you can add

Decide the maximum rupees you'll lose if the stop hits — say 1% of your capital. Divide that by the risk per share and you get your quantity. On a plan risking ₹6.5/share with a ₹1,00,000 portfolio and 1% risk: 1,000 ÷ 6.5 ≈ 150 shares. That single habit — sizing from the stop — separates traders who survive from those who don't.

The plan recomputes on every data refresh, so the levels track the market, not stale history.